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Fidor Solutions
Germany
2009 (16 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Fidor Solutions
Company Information
Get to know Fidor Solutions
Fidor collaborates as a co-entrepreneur with like-minded organisations among the banking, retail, transport or telecommunications industries, to successfully design customer-led digital banks from the ground up using open banking principles. By combining the Fidor Group expertise in financial services, consulting, API & open banking, development, go- to- market and customer engagement, Fidor ensures it builds banks that bring tangible value to the customer. Partnership opportunities range from Inception workshops, Bank-as-a-Service (with or without a banking licence), Payment-as-a-Service, franchising, licensing of its fidorOS (fOS) platform and Fidor FinanceBay - a marketplace of fintech, tradetech, and insurtech offerings. Its digital banking platform - fOS - quickly became a breakthrough in the market with industry experts naming Fidor as a leading industry transformer. The success of Fidor Bank and O2 Banking by Telefonica showcases Fidor’s expertise in building successful digital banks by being at the forefront of fintech innovation. Fidor Bank received the Celent’s “Model Bank 2015” award and O2 Banking (by Telefonica and Fidor Bank) was recognised as “2017 Mobile Bank of the Year” by Handelsblatt, as well as receiving the equivalent award for “2016 Digital Bank of the year” by EUROFORUM. Fidor has a global presence with offices in Munich, New York, Dubai and Singapore. www.fidor.com.
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- Financial BankingPRIMARY
- Financial Other Service
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